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First Mile Delivery Market Size - By Delivery Mode, Application, Goods, Sourcing, End User & Forecast, 2024 - 2032
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- Bollore Logistics
- C.H. Robinson Worldwide, Inc.
- Ceva Logistics
- Deutsche Post DHL Group
- Expeditors International of Washington, Inc.
- FedEx Corporation
- Geodis
- Hellmann Worldwide Logistics
- Hub Group, Inc.
- J.B. Hunt Transport Services, Inc.
- Kerry Logistics Network Limited
- Kuehne+Nagel International AG
- Nippon Express Co., Ltd.
- Panalpina World Transport(Holding) Ltd.
- Penske Logistics
- Ryder System, Inc.
- Schneider National, Inc.
- United Parcel Service, Inc.(UPS)
- XPO Logistics, Inc.
- Yusen Logistics Co., Ltd.
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First Mile Delivery Market size will depict over 7.5% CAGR between 2024 and 2032, led by the adoption of GPS and IoT technologies for providing real-time visibility into the location and status of shipments. For instance, in June 2023, Vilnius emerged as the first European city to have a fleet of ARCs (autonomous robot carriers) delivering groceries on its busy city center roads.
Of late, enhanced tracking systems are facilitating better communication with customers and stakeholders for sending updates and alerts on delivery status. The hefty investments in logistic infrastructure, including new warehouses and transportation networks will also support the growth and efficiency of first mile deliveries, stimulating the market expansion.
The overall industry is segmented into delivery mode, application, goods, sourcing, and region.
In terms of delivery mode, the first mile delivery industry size from the rail segment is likely to witness strong growth between 2024 and 2032. Rail transport is more cost-effective for moving large volumes of goods over long distances compared to road transport. Trains are also generally more fuel-efficient than trucks when transporting bulk goods, leading to lower fuel costs and overall cost savings. The advantages of rail networks in providing regular and scheduled services to enhance reliability and predictability in the supply chain will also boost the segment growth.
Based on application, the first mile delivery market share from the pharmaceutical segment will foresee considerable expansion up to 2032. The growth is mainly driven by the sensitive nature of pharmaceutical products and the strong need for strict compliance with regulatory standards. The use of automated systems for sorting, packing, and labeling is increasing the efficiency and accuracy of the first mile delivery process while reducing human error and operational costs. The pharmaceutical sector further deploys these delivery systems to meet urgent needs, such as restocking pharmacies and responding to medical emergencies.
Regionally, the Asia Pacific first mile delivery industry value will record substantial CAGR between 2024 and 2032, impelled by the growing e-commerce demand, rapid rate of urbanization, and the strong focus on sustainability. The rise in the number of first mile delivery startups is leading to the introduction of innovative technologies and business models to address the evolving needs of the logistics sector. Governments and regulatory bodies are also introducing policies to promote sustainable practices while influencing logistics providers to adopt greener approaches in their operations, further driving the regional market growth.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimates
- 1.3 Forecast model
- 1.4 Primary research & validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
- 1.5 Market definitions
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier landscape
- 3.2.1 3PL service providers
- 3.2.2 Technology provider
- 3.2.3 Vehicle manufacturer
- 3.2.4 End-user
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news & initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Technological advancements to enhance the efficiency
- 3.8.1.2 Growing need for cost-effective first mile delivery services
- 3.8.1.3 The exponential growth in e-commerce
- 3.8.1.4 Rising initiatives and partnerships
- 3.8.1.5 Demand for quick and efficient delivery of goods
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Navigating different regulatory environments adds complexity to logistics
- 3.8.2.2 Inadequate or underdeveloped transportation and warehousing infrastructure
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Delivery Mode, 2021 - 2032 (USD Million & Fleet Size)
- 5.1 Key trends
- 5.2 Truck
- 5.3 Ship
- 5.4 Plane
- 5.5 Rail
Chapter 6 Market Estimates & Forecast, By Application, 2021 - 2032 (USD Million & Fleet Size)
- 6.1 Key trends
- 6.2 Manufacturing
- 6.3 Agriculture
- 6.4 Retail
- 6.5 Pharmaceutical
- 6.6 Automotive
- 6.7 Others
Chapter 7 Market Estimates & Forecast, By Goods, 2021 - 2032 (USD Million)
- 7.1 Key trends
- 7.2 Perishables
- 7.3 Non-perishables
- 7.4 Hazardous materials
Chapter 8 Market Estimates & Forecast, By Sourcing, 2021 - 2032 (USD Million & Fleet Size)
- 8.1 Key trends
- 8.2 Inhouse
- 8.2.1 Manufacturing
- 8.2.2 Agriculture
- 8.2.3 Retail
- 8.2.4 Pharmaceutical
- 8.2.5 Automotive
- 8.2.6 Others
- 8.3 Outsource
- 8.3.1 Manufacturing
- 8.3.2 Agriculture
- 8.3.3 Retail
- 8.3.4 Pharmaceutical
- 8.3.5 Automotive
- 8.3.6 Others
Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2032 (USD Million & Fleet Size)
- 9.1 Key trends
- 9.2 North America
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Russia
- 9.3.7 Nordics
- 9.3.8 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Southeast Asia
- 9.4.7 Rest of Asia Pacific
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
- 9.6 MEA
- 9.6.1 South Africa
- 9.6.2 UAE
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA
Chapter 10 Company Profiles
- 10.1 Bollore Logistics
- 10.2 C.H. Robinson Worldwide, Inc.
- 10.3 Ceva Logistics
- 10.4 Deutsche Post DHL Group
- 10.5 Expeditors International of Washington, Inc.
- 10.6 FedEx Corporation
- 10.7 Geodis
- 10.8 Hellmann Worldwide Logistics
- 10.9 Hub Group, Inc.
- 10.10 J.B. Hunt Transport Services, Inc.
- 10.11 Kerry Logistics Network Limited
- 10.12 Kuehne + Nagel International AG
- 10.13 Nippon Express Co., Ltd.
- 10.14 Panalpina World Transport (Holding) Ltd.
- 10.15 Penske Logistics
- 10.16 Ryder System, Inc.
- 10.17 Schneider National, Inc.
- 10.18 United Parcel Service, Inc. (UPS)
- 10.19 XPO Logistics, Inc.
- 10.20 Yusen Logistics Co., Ltd.
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